other material
confidence high
sentiment neutral
materiality 0.25
Cottonwood Communities sells $1.74M in Series A Convertible Preferred Stock
Cottonwood Communities, Inc.
- Issued 179,051 shares at $10.00/share in private placement from June 11-22, 2026.
- Gross proceeds $1.735M; selling commissions $57,000 and placement fees $47,325 paid.
- Total outstanding Series A Convertible Preferred: 12,793,168 shares as of June 22.
- Offering is best-efforts Rule 506(b) private placement to accredited investors, max $200M.